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Axis Capital Holdings Earnings Calls
| Release date | Jan 28, 2026 |
| EPS estimate | $3.10 |
| EPS actual | $3.25 |
| EPS Surprise | 4.84% |
| Revenue estimate | 1.63B |
| Revenue actual | 1.734B |
| Revenue Surprise | 6.43% |
| Release date | Oct 29, 2025 |
| EPS estimate | $2.94 |
| EPS actual | $3.81 |
| EPS Surprise | 29.59% |
| Revenue estimate | 1.6B |
| Revenue actual | 1.674B |
| Revenue Surprise | 4.64% |
| Release date | Jul 29, 2025 |
| EPS estimate | $2.93 |
| EPS actual | $2.82 |
| EPS Surprise | -3.75% |
| Revenue estimate | 1.435B |
| Revenue actual | 1.54B |
| Revenue Surprise | 7.33% |
| Release date | Apr 30, 2025 |
| EPS estimate | $2.67 |
| EPS actual | $2.36 |
| EPS Surprise | -11.61% |
| Revenue estimate | 1.831B |
| Revenue actual | 1.468B |
| Revenue Surprise | -19.84% |
Last 4 Quarters for Axis Capital Holdings
Below you can see how AXS-PE performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Apr 30, 2025 |
| Price on release | $20.36 |
| EPS estimate | $2.67 |
| EPS actual | $2.36 |
| EPS surprise | -11.61% |
| Date | Price |
|---|---|
| Apr 24, 2025 | $20.67 |
| Apr 25, 2025 | $20.67 |
| Apr 28, 2025 | $20.67 |
| Apr 29, 2025 | $20.60 |
| Apr 30, 2025 | $20.36 |
| May 01, 2025 | $20.25 |
| May 02, 2025 | $20.36 |
| May 05, 2025 | $20.15 |
| May 06, 2025 | $20.32 |
| 4 days before | -1.50% |
| 4 days after | -0.196% |
| On release day | -0.540% |
| Change in period | -1.69% |
| Release date | Jul 29, 2025 |
| Price on release | $20.61 |
| EPS estimate | $2.93 |
| EPS actual | $2.82 |
| EPS surprise | -3.75% |
| Date | Price |
|---|---|
| Jul 23, 2025 | $20.61 |
| Jul 24, 2025 | $20.57 |
| Jul 25, 2025 | $20.70 |
| Jul 28, 2025 | $20.57 |
| Jul 29, 2025 | $20.61 |
| Jul 30, 2025 | $20.59 |
| Jul 31, 2025 | $20.57 |
| Aug 01, 2025 | $20.51 |
| Aug 04, 2025 | $20.59 |
| 4 days before | 0% |
| 4 days after | -0.0970% |
| On release day | -0.0970% |
| Change in period | -0.0970% |
| Release date | Oct 29, 2025 |
| Price on release | $21.26 |
| EPS estimate | $2.94 |
| EPS actual | $3.81 |
| EPS surprise | 29.59% |
| Date | Price |
|---|---|
| Oct 23, 2025 | $21.46 |
| Oct 24, 2025 | $21.48 |
| Oct 27, 2025 | $21.55 |
| Oct 28, 2025 | $21.36 |
| Oct 29, 2025 | $21.26 |
| Oct 30, 2025 | $21.11 |
| Oct 31, 2025 | $21.06 |
| Nov 03, 2025 | $20.96 |
| Nov 04, 2025 | $20.83 |
| 4 days before | -0.93% |
| 4 days after | -2.02% |
| On release day | -0.706% |
| Change in period | -2.94% |
| Release date | Jan 28, 2026 |
| Price on release | $20.35 |
| EPS estimate | $3.10 |
| EPS actual | $3.25 |
| EPS surprise | 4.84% |
| Date | Price |
|---|---|
| Jan 22, 2026 | $20.49 |
| Jan 23, 2026 | $20.47 |
| Jan 26, 2026 | $20.45 |
| Jan 27, 2026 | $20.44 |
| Jan 28, 2026 | $20.35 |
| Jan 29, 2026 | $20.37 |
| Jan 30, 2026 | $20.29 |
| Feb 02, 2026 | $20.23 |
| Feb 03, 2026 | $20.25 |
| 4 days before | -0.683% |
| 4 days after | -0.491% |
| On release day | 0.0983% |
| Change in period | -1.17% |
Axis Capital Holdings Earnings Call Transcript Summary of Q4 2025
AXIS reported a strong 2025 with record top-line and improved profitability driven by strategic shifts into specialty markets and efficiency investments. Key financials: diluted book value per share +18% to $77.20, operating ROE ~18%, record gross written premiums $9.6B (+7% y/y), consolidated combined ratio 89.8% (lowest full-year since 2010), Insurance combined ratio ~86% and Reinsurance combined ratio ~92.6%. Management emphasized five themes: (1) AXIS' specialist operating model (“built for all seasons”), (2) profitable growth from new/expanded business classes and lower‑middle‑market initiatives, (3) disciplined cycle management (profits over premiums), (4) a global multichannel distribution strategy, and (5) a performance culture supported by the How We Work transformation (technology/AI investments; $100M+ commitment).
Operational highlights: Insurance produced record GWP ($7.2B) and underwriting income; growth concentrated in new/expanded lines, lower‑middle‑market retail/wholesale, and early contributions from AXIS Capacity Solutions (ACS) which leverages third‑party capital. Cyber remains a cautious area due to rising ransomware and MGA competition. Reinsurance delivered 8 consecutive quarters of positive results but management expects selective/reduced reinsurance volumes in 2026 (potentially down up to double digits) while preserving underwriting profitability. Cat losses were low in 2025 (full-year cat ratio ~2.8%), and management reaffirmed confidence in reserves following an independent actuarial review.
Capital & expenses: Investment income was stable; the firm increased exposure to below‑BBB bonds to ~19% of portfolio (near stated upper range). AXIS returned substantial capital in 2025 (dividends $139M; buybacks $888M) and retains buyback authorization. Management reiterated prioritization of organic growth over buybacks but will be opportunistic. They are targeting a normalized underwriting G&A ratio of ~11% in 2026 after elevated variable compensation and accelerated IT/operations investments in 2025. Leadership transition: longtime CFO Pete Vogt is retiring and Matt Kirk is incoming CFO; management expressed confidence in reserves and the balance sheet.
